Tokyu Fudosan Holdings Corp. · TSE:3289
Tokyu Fudosan — Q1 FY2014 Earnings Presentation
19 slides from Tokyu Fudosan's earnings presentation, August 2014
Slide 1: Financial Highlights FY2014 First Quarter
Financial Highlights FY2014 First Quarter (First Three Months) Ended June-30, 2014
Slide 2: Forward-looking statements notice
The forecasts and other forward-looking statements in this report are based on currently available information and certain assumptions determined as rational. Consequently, the statements herein do not constitute assurances regarding actual results by the Company. Actual performance may significantl
Slide 3: FY2014 Q1 Operating Results
FY2014 Q1 (First Three Months) Operating Results Both revenue and income increased mainly for the urban development segment and the residential segment （\ billion） Q1 Fir st T h r e e M o n t h s Fu l l- ye ar (e n de d Ju n e - 3 0 ) (e n de d M ar - 3 1 ) Pr o gr e ss C o m par e d t o t h e sam e
Slide 4: FY2014 Q1 Segment performance
FY2014 Q1 (First Three Months) Segment performance Segment categories are changed from FY2014 *The details of the change in segments are described in Reference Information ①-③. （\ billion ） Q1 Fir st T h r e e M o n t h s Fu ll- ye ar (e n de d Ju n e - 3 0 ) (e n de d M ar - 3 1 ) Pr o gr e ss C o
Slide 5: Urban Development(1) FY2014 Q1
Urban Development(1)FY2014 Q1 (First Three Months) Q1: Increase revenues and income FY2014： Increase revenues and income （\ bi l l i on） F i rs t Qua rter F Y2013 F Y2014 Q 1 (Apr - Ju n ) Compa ri s on Prog res s F i rs t Three Months Q 1 (Apr - Ju n ) (* ) Opera ti ng rev enue 32.3 59.7 27.4 27.6%
Slide 6: Urban Development(2) Vacancy Rate and Rent
Urban Development(2)Vacancy Rate and Rent As of June-30, 2014 Vacancy rate 1.8% (Tenants actually moving in and out, Office buildings and commercial facilities) (¥/Month/Tsubo) Tsubo≒3.3㎡ ％ 12.0 ¥29,220 30,000 ¥27,730 ¥26,610 ¥26,090 10.0 ¥23,600 ¥23,850 25,000 ¥22,480 ¥22,450 ¥23,300 ¥22,190 ¥22,62
Slide 7: Urban Development(3) New projects
Urban Development(3)New projects F l oor s pa ce※ FY Projects Usage ( thous a nd ㎡) Open DECKS Tokyo Beach (Bu ildin g wit h lan d le ase r igh t s) Comme rcial 69 Sep-13 (Acquired) Minami-Aoyama Leica Building (bu ildin g wit h su pe r fic ie s r igh t ) Comme rcial 2 Dec-13 (Acquired) 2013 La Port
Slide 8: Urban Development(4) New projects (Shibuya, Omotesando, Aoyama)
Urban Development(4)New projects (Shibuya, Omotesando, and Aoyama areas) Yoyogi Park Tokyu Plaza Omotesando Harajuku Opend Apr-2012 Chiyoda Line Spline Aoyama Tokyu building Opend July-2012 (tentative name) Jinguumae 6-chome Project Open FY2014 (Plan) Shibuya Dogenzaka Block Shibuya Public Hall Deve
Slide 9: Residential(1) FY2014 Q1
Residential(1)FY2014 Q1 (First Three Months) Q1: Increase revenues and income FY2014：Decrease revenues and income (\ billio n ) Fir st Qu ar t e r FY 2 0 1 3 FY 2 0 1 4 Q 1 (Apr - Ju n ) C o m par iso n Pr o gr e ss Fir st T h r e e M o n t h s Q 1 (Apr - Ju n ) (* ) Ope r at in g r e ve n u e 12.7
Slide 10: Residential(2) Outline of condominium
Residential(2)Outline of condominium * The actual results before FY2014 are reapportioned under the new segments. FY FY2 01 2 FY20 13 FY2 01 4 Forec ast FY20 15 Fore cast N o. of uni ts s ol d Total 2,08 2u nits Total 2 ,52 8u nits Total 2 ,11 7u n its (Plan) － Acquired land for total Re ve nu e 89
Slide 11: Property Management(1) FY2014 Q1
Property Management(1)FY2014 Q1 (First Three Months) Q1: Increase revenues and income FY2014：Increase revenues and income (\ billio n ) Fir st Qu ar t e r FY 2 0 1 3 FY 2 0 1 4 Q 1 (Apr - Ju n ) C o m par iso n Pr o gr e ss Fir st T h r e e M o n t h s Q 1 (Apr - Ju n ) (* ) Ope r at in g r e ve n u
Slide 12: Property Management(2) Stock of properties
Property Management(2)Stock of properties [thousand Units] Trend in stock of comprehensive condominium management and facility management in number of units Facility 700,000 700 management 600,000 600 185,001 163,070 186,299 152,359 Comprehensive 500,000 500 management 400 400,000 101,203 300 300,00
Slide 13: Real Estate Agents(1) FY2014 Q1
Real Estate Agents(1)FY2014 Q1 (First Three Months) Q1: Increase revenues and decrease income FY2014：Increase revenues and income （\ bi l l i on） F i rs t Qua rter F Y2013 F Y2014 Q 1 (Apr - Ju n ) Com pa ri s on Prog res s F i rs t Three Months Q 1 (Apr - Ju n ) (* ) Opera ti ng rev enue 10.9 12.3
Slide 14: Real Estate Agents(2) Performance indicators in sales agency
Real Estate Agents(2)Performance indicators in sales agency operations FY2 0 14 Q1 Re tail (Re su lt) Re tail Wh ole sale Total ・Both revenue and income increased owing to an increase in No. of tran sac tions 4 ,1 5 6 1 76 4 ,3 3 2 the number of transactions and a rise in contract prices through pro
Slide 15: Wellness FY2014 Q1
Wellness FY2014 Q1 (First Three Months) Q1: Increase revenues and income FY2014：Decrease revenues and increase income （\ bi l l i on） F i rs t Qua rter F Y2013 F Y2014 Q 1 (Apr - Ju n ) Compa ri s on Prog res s F i rs t Three Months Q 1 (Apr - Ju n ) (*) Opera ti ng rev enue 14.4 15.4 1.0 21.3% Gol
Slide 16: Tokyu Hands/Business Innovation and Others FY2014 Q1
Tokyu Hands/Business Innovation and Others FY2014 Q1(First Three Months) Tokyu Hands Q1: Decrease revenues and income Business Innovation and Others Q1： Increase revenues and Decrease income (\billion) FY2013 FY2014 Comparison Progress Tokyu Hands Q1 Operating revenue 19.9 19.0 (0.8) 21.6% results O
Slide 17: Reference① Change of Segment Categories(1)
Reference① Change of Segment Categories(1) Reviewing and consolidating the segment categories from the existing 8 segments to 7 segments ◇ Reorganization with a focus on customers and the restructure of the Group’s configuration based on the management approach were carried out in April 2014. Tokyu
Slide 18: Reference② Change of Segment Categories(2)
Reference② Change of Segment Categories(2) [Until FY2013] [From FY2014] Breakdown Post-reorganization segment Breakdown New segment Office buildings / commercial facilities Urban Development Office buildings / commercial facilities Leasing of Real Estate Rental residence Urban Development Rental res
Slide 19: Reference③ Previous and New Segment Information
Reference③ Previous and New Segment Information ［Until FY2013] (\ billion ) ［From FY2014] (\ billion ) FY20 1 2 FY20 1 3 FY20 1 3 FY2 0 1 4 Comparison Comparison Re sults Re su lts Re su lt s (* 1 ) Fore c ast O pe ratin g re ve n ue 5 9 5 .9 7 1 4.1 1 1 8.2 Ope rating reve n u e 7 1 4.1 7 3 5.0 20
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